Arkadios Wealth Advisors Has $2.57 Million Stake in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Arkadios Wealth Advisors reduced its holdings in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 43,565 shares of the company’s stock after selling 1,788 shares during the quarter. Arkadios Wealth Advisors’ holdings in First Trust Dorsey Wright Focus 5 ETF were worth $2,573,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of FV. Raymond James & Associates boosted its stake in First Trust Dorsey Wright Focus 5 ETF by 2.9% in the 3rd quarter. Raymond James & Associates now owns 1,672,261 shares of the company’s stock worth $97,443,000 after purchasing an additional 47,375 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.3% in the third quarter. Concurrent Investment Advisors LLC now owns 568,765 shares of the company’s stock valued at $33,142,000 after purchasing an additional 12,580 shares in the last quarter. Madrona Financial Services LLC boosted its position in shares of First Trust Dorsey Wright Focus 5 ETF by 5.0% during the third quarter. Madrona Financial Services LLC now owns 511,831 shares of the company’s stock worth $29,824,000 after buying an additional 24,263 shares during the period. International Assets Investment Management LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 7,073.1% during the third quarter. International Assets Investment Management LLC now owns 489,346 shares of the company’s stock worth $28,514,000 after buying an additional 482,524 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 0.3% during the second quarter. Envestnet Asset Management Inc. now owns 406,934 shares of the company’s stock worth $23,304,000 after buying an additional 1,070 shares in the last quarter.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

NASDAQ FV opened at $61.08 on Friday. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $49.73 and a 52 week high of $62.82. The stock’s 50 day moving average price is $60.52 and its two-hundred day moving average price is $58.23. The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 16.50 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.0386 dividend. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Dorsey Wright Focus 5 ETF

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.